Replies to post #170460 on Avid Bioservices Inc (CDMO)

[Krakonos]

masshysteria, following your posts from day one,
I would like to tell you that from my own point of view,
we, true investors,
now have another great source of INFO with level headed posts
which in certain way are backing up what CP and many others are defending here.

Keep it up.
Thanks.

[bidrite]

It will be a nail-bite inducing anticipation as we wait to see if CSM eats it without pursuing the employee (settle with Peregrine, block further investigation), or claims no liability and criminally pursues the individual.

Mass, first you are a welcome addition to this board. Your perspective makes sense and is along the lines of what I was considering. The challenging part for us is imagining how long this could drag out if either part sought criminal charges...literally years.

[skweze]

From what I can find on the internet, Federal Rules allow CSM 21 days to answer (after service). If CSM is going to push the responsibility to an employee as a defense, I suspect that will be in its answer to the complaint. Also: a question for the lawyers on the board, do Federal Rules allow for a blanket denial? Or is an explanation required?

Great weekend all!

It will be a nail-bite inducing anticipation as we wait to see if CSM eats it without pursuing the employee (settle with Peregrine, block further investigation), or claims no liability and criminally pursues the individual. It will be a hell of a ride!